FX says Sheen will have a "significant ownership stake"

Receive the latest television updates in your inbox

The FX channel says it has acquired the series "Anger Management," based on the 2003 Adam Sandler-Jack Nicholson movie. The show will air in summer 2012.

Once TV's higest paid actor, Sheen was fired last March from CBS' "Two and a Half Men" after famously criticizing “Men” creator Chuck Lorre and studio executives for halting production so he could deal with addiction issues. Ashton Kutcher replaced him.

Sheen went on stage a media blitz, amass millions of Twitter followers and tour the country – all while heaping insults on his former colleagues and using phrases like “tiger blood” and “Adonis DNA” to talk up himself.

Charlie Sheen's Highs and Lows

Terms of the deal were not disclosed, though The Los Angeles Times reported Sheen stood to gain a $25 million in profits owed from the CBS hit.

FX network said Thursday it has ordered up 10 episodes of "Anger Management" and production will begin in early 2012. Writer-producer Bruce Helford will be in charge. He's a TV veteran whose credits include "The Drew Carey Show."

Top Reasons Charlie Sheen Was Fired

FX says Sheen will have a "significant ownership stake" in the series. He'll play a therapist in need of counseling.